The Candle Time and Spread Indicator for MT4 is a useful forex indicator that is popular among traders. It helps to keep track of the time remaining for a candle to close and also displays the current spread on the chart. This free indicator is highly versatile and can be used on any currency pair or timeframe. The indicator works by showing a countdown timer for the current candle, allowing traders to make informed decisions based on time remaining. It also displays the current spread on the chart, giving traders valuable information on market conditions. Additionally, the indicator can be customized to suit individual trading preferences, making it a valuable tool for both novice and experienced traders. To use the Candle Time and Spread Indicator, simply download and install it on your MT4 platform. Once activated, the indicator will automatically display the relevant information on your chart. Traders can then use this information to better understand market dynamics and make more informed trading decisions. Overall, this indicator is a valuable addition to any trader’s toolkit and can help improve trading performance.
MT4
Price Border X
Price Border X indicator is a useful tool for forex traders that works on the popular MT4 platform. This free indicator helps identify key price levels and can be used to set entry and exit points for trades. It draws horizontal lines on the chart to indicate support and resistance levels, making it easier to make informed trading decisions.
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Category: Envelope Indicators
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How to Install
How install MT4/5 indicator in the terminal?
To install an MT4/5 indicator in the terminal, follow these steps:
Download the indicator file (.ex4 or .mq4/.ex5 or .mq5) to your computer.
Open the MT4/5 terminal and click on “File” in the top left corner.
Select “Open Data Folder” from the dropdown menu.
In the window that opens, double-click on the “MQL4/5” folder.
Double-click on the “Indicators” folder.
Drag and drop the indicator file from your computer into the “Indicators” folder.
Close the data folder window and restart the MT4/5 terminal.
The indicator should now be available in the “Navigator” window on the left-hand side of the terminal. Simply double-click on the indicator to add it to a chart.
Note: If the indicator is in a .zip file, you will need to extract it first before following the above steps.
And if asks to confirm DLL?
If the indicator you are installing requires access to external Dynamic Link Libraries (DLLs), you may see a pop-up message asking you to confirm the use of DLLs.
DLLs are external libraries that contain code that can be used by other programs. In the case of MT4/5 indicators, they are often used to perform complex calculations or connect to external data sources.
If you trust the source of the indicator and want to use it, click “Yes” to confirm the use of DLLs. If you are not sure or do not trust the source, click “No” to cancel the installation.
It’s worth noting that some indicators may not work properly without access to their required DLLs. If you choose not to allow access to DLLs and the indicator does not work as expected, you may need to reinstall the indicator and confirm the use of DLLs to get it to work properly.
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